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Macroeconomics
Table of Contents
Topic pack - Macroeconomics - introduction
2.1 The level of overall economic activity (notes)
2.1 The level of overall economic activity (questions)
Section 2.2 Aggregate demand and supply (notes)
Section 2.2 Aggregate demand and supply (simulations and activities)
2.2 Aggregate Demand and Aggregate Supply (questions)
2.3 Macroeconomic objectives (notes)
Low Unemployment
Low Unemployment
What the data says
The meaning of unemployment
Case study - regional variation
Consequences of unemployment
Case study - tougher for men
Types and causes of unemployment
Disequilibrium unemployment
Equilibrium unemployment
Policies to reduce unemployment
Low and stable inflation
Low and stable inflation (notes)
The meaning and measurement of inflation
A consumer price index
Finding out more about consumer price index weights
Problems with measuring inflation
Inflation - videos
Consequences of inflation
Hyperinflation
The consequences of deflation
Types and causes of inflation: demand-pull inflation
Types and causes of inflation: cost-push inflation
Case Study - car prices in Trinidad
Possible relationships between unemployment and inflation
PlotIT - Phillips curve
Phillips curve - long-run
Natural rate of unemployment
NAIRU
Economic growth
Economic growth (notes)
Causes of economic growth
Economic growth and the PPF (1)
Economic growth and the PPF (2)
Economic growth and the business cycle
Economic growth and the aggregate supply curve
Consequences of economic growth
Equity in the distribution of income
Equity in the distribution of income (notes)
Indicators of income equity
Poverty
The poverty line: An Indicator of Relative poverty
The causes of poverty
The role of taxation in promoting equity
The role of taxation in promoting equity (notes)
Other methods of promoting equity
2.3 Macroeconomic objectives (questions)
2.4 Fiscal policy (notes)
2.4 Fiscal policy (questions)
2.5 Monetary policy (notes)
2.5 Monetary Policy (questions)
Section 2.6 Supply-side policies (notes)
2.6 Supply-side policies (questions)
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Disequilibrium unemployment
NB. This is not specified on your Macro syllabus but is useful to know since it is an example of a price floor
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Disequilibrium unemployment